IPO-bound MTR parent Orkla bets on ‘local’ as rivals go for national play

Norwegian firm Orkla, which owns packaged food and spices brands MTR and Great Eastern, is raising over ₹1,600 crore in a public listing next week. MD & CEO Sanjay Sharma said the company will focus on catering to local tastes and preferences as it expands MTR and Great Eastern into new categories. 

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